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EMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC.
Plan identification number 503

EMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC. Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

TDK COMPONENTS USA, INC. has sponsored the creation of one or more 401k plans.

Company Name:TDK COMPONENTS USA, INC.
Employer identification number (EIN):621259948
NAIC Classification:334310
NAIC Description:Audio and Video Equipment Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032023-01-01MARK MILLER2024-03-19
5032022-01-01SHERRY L. CONNALLY2023-05-01

Plan Statistics for EMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC.

Measure Date Value
2023: EMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC. 2023 401k membership
Total participants, beginning-of-year2023-01-01175
Total number of active participants reported on line 7a of the Form 55002023-01-01192
Number of retired or separated participants receiving benefits2023-01-011
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-01193
Number of employers contributing to the scheme2023-01-010
2022: EMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC. 2022 401k membership
Total participants, beginning-of-year2022-01-01145
Total number of active participants reported on line 7a of the Form 55002022-01-01155
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-01155
Number of employers contributing to the scheme2022-01-010

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC.

2023: EMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC. 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – General assets of the sponsorYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement – General assets of the sponsorYes
2022: EMPLOYEE BENEFIT PLAN OF TDK COMPONENTS USA, INC. 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01First time form 5500 has been submittedYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number521408
Policy instance 1
Insurance contract or identification number521408
Number of Individuals Covered194
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $12,028
Total amount of fees paid to insurance companyUSD $3,085
Life Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $98,197
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number521408
Policy instance 1
Insurance contract or identification number521408
Number of Individuals Covered161
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $8,499
Total amount of fees paid to insurance companyUSD $3,543
Life Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $67,865
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,403
Amount paid for insurance broker fees3543
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3

Potentially related plans

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